Information Details


On November 22, 2020, our company successfully signed a sales contract with Henan Liyuan New Energy Technology Co., Ltd. for equipment including two 60‑hole, 6.25‑meter rising‑tube heat exchangers for the 1.28 million tons per year coking and coal‑gas comprehensive utilization project.

Release date:

2020-11-22

November 22, 2020, Our company and Henan Liyuan New Energy Technology Co., Ltd. Successfully signed the contract 1.28 million tons per year coking and coal‑gas comprehensive utilization project, including two 60‑hole, 6.25‑meter riser tube heat exchangers and other equipment. Sales contract.

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April Market Overview and Operational Dynamics of the Coking Industry

According to economic data released by the National Bureau of Statistics, in April, the value added of industrial enterprises above designated size increased 4.1% year on year and 0.05% month on month; total retail sales of consumer goods reached RMB 3.7247 trillion, up 0.2% year on year; nationwide fixed asset investment (excluding rural households) declined 2.36% month on month; profits of industrial enterprises above designated size rose 24.7% year on year; as of the end of April, accounts receivable for such enterprises stood at RMB 27.44 trillion, up 7.2% year on year, while finished goods inventories totaled RMB 6.95 trillion, an increase of 6.7%. From January to April, the value added of industrial enterprises above designated size grew 5.6% year on year; total retail sales of consumer goods amounted to RMB 16.4941 trillion, up 1.9% year on year; nationwide fixed asset investment (excluding rural households) reached RMB 14.1293 trillion, down 1.6% year on year; and the total profits of industrial enterprises above designated size totaled RMB 2.43584 trillion, up 18.2% year on year. Among these, the ferrous metal smelting and rolling industry (the steel sector) reported total profits of RMB 7.58 billion, a 51.5% year-on-year decline, while the petroleum, coal, and other fuel processing industry (including coking) posted total profits of RMB 40.42 billion, compared with a loss in the same period last year.